CNQ: A best-in-class energy producer
If you want more torque to high energy prices, then Canadian Natural Resources (TSX:CNQ) (NYSE:CNQ) is top TSX stock to consider. CNQ is has some of the best energy production assets in Canada. Its business and operations are exceptionally well managed.
It just delivered record quarterly results and issued a massive $1.50 per share special dividend. That is on top of its already very attractive 4.17% dividend yield. It has a track record of steadily growing its dividend by a compounded annual rate of 22% over the past 22 years!
Given its significant free cash flow returns right now, chances are good that this energy stock will continue to deliver a growing stream of passive income for faithful shareholders.